New Zealand-trained two-year-old Banquo is set to make his race debut in Australia this, with Stephen Marsh saying the low prize money in New Zealand has forced him to travel across the Tasman and seek the better riches.
The unraced colt was purchased by bloodstock agent Bruce Perry for $600,000 at the Magic Millions Gold Coast Yearling Sale and he will take his place in the Listed Redoute’s Choice Stakes (1200m) at Caulfield.
“He won his last trial nicely and he is going to have two to three runs under our training and then he will stay, spell and join Danny O’Brien,” Marsh said.
“With the pathetic state our racing is in, I don’t have an argument. We are racing for peanuts. How can you tell those who have paid $600,000 for a colt to go and race for NZ$10,000?”